People’s Republic of China Country Analysis

China located in Southeast Asia on the Pacific coast is one of the most historic countries in the world and has changed its shape over the past 4,000 years and has formed the present People's Republic of China today. (People's Republic of China). Mao Zedong, known as the father of the People's Republic of China, established the People's Republic of China on October 1, 1949, and finished a long process of government turmoil beginning with the 1911 Chinese revolution. Currently, China is one of the few socialist countries in the world that publicly supports Communism. The Communist Party of China (CPC) recognizes the practical limitations on the people such as restricting access to the Internet, freedom of press, social responsibility.

Republics, including countries such as China and Vietnam, are legally dominated by citizens, but there is no direct election. Prior to the People's Revolution, the term People's Republic was used to distinguish it from the early republics such as the People's Republic of China. The government is led by noble leaders called monarchs, usually in the form of kings and emperors (but not necessarily queen or queen). In most monarchy systems, the position of the monarch is inherited by the former ruler through family and marriage, but in other cases it may be chosen by aristocrats themselves like the ancient Roman kingdom or medieval sacred Rome . Imperial situation

China or the People's Republic of China has adopted the socialist system or communism in the political system and controls the decision making process of the country. The only ruling party in this country is known as the Chinese Communist Party. As explained by the communist system in governance of the state, the government has the sole power to control all activities of its citizens. In other words, the objective shows more ... Economic freedom: the financial system directly governs the government and is strictly dominated. In China, approximately 5,600 financial institutions are supervised in 2008, there are only 2 private banks in China, and 4 state-owned banks account for more than 50% of total assets.

Mao Zedong ruled China in 1949, and the People's Republic of China declared as a communist country in the People's Republic of China. Since 1949, economic reform has been implemented for many years, but China has always maintained communism. China is called "Red China" because the Communist Party dominates the country. With the revolution in 1959, Fidel Castro and his colleagues took over the Cuban government. By 1961 Cuba has become a communist country completely and has established a close relationship with the Soviet Union. At the same time, the US prohibits all trade with Cuba. After the collapse of the Soviet Union in 1991, Cuba was forced to find a source of new trade and financial subsidies, including China, Bolivia and Venezuela.